Dubai-based renewable energy company AMEA Power has secured a 25-year power purchase agreement (PPA) with the Government of Djibouti for a 25 MW PV plant with
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View moreAMEA Power, one of the fastest growing renewable energy companies based in the Middle East, announced that it has signed a 25- year Power Purchase Agreement (PPA) with the Government of Djibouti for a
View moreThe 25-megawatt solar project with Battery Storage will support Djibouti''s clean energy ambitions by generating 55 GWh of clean energy per year, enough to reach more than 66,500 people; The project is being fully developed by AMEA
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View moreDubai-based renewables company AMEA Power LLC has signed a power purchase agreement (PPA) with the government of Djibouti for the small African nation''s first solar independent power project, a 25-MW solar
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View moreAMEA Power, one of the fastest growing renewable energy companies based in the Middle East, announced today (Aug 28) it has signed a 25- year Power Purchase
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View moreThe 25-megawatt solar project with Battery Storage will support Djibouti''''s clean energy ambitions by generating 55 GWh of clean energy per year, enough to reach more than 66,500 people
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View moreAMEA Power, one of the fastest growing renewable energy companies based in the Middle East, announced today it has signed a 25- year Power Purchase Agreement (PPA)
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View moreThe project will be the first solar Independent Power Project (IPP) in Djibouti and will be located in Grand Bara, south of Djibouti City. The solar project is being fully developed by AMEA Power under a Build-Own-Operate and Transfer (BOOT) model and will generate 55 GWh of clean energy per year, enough to reach more than 66,500 people.
The Sovereign Fund of Djibouti (FSD) will be joining the project before financial close as a minority shareholder. The offtaker for the project will be Electricité de Djibouti. As part of its strategic plan, the Government of Djibouti aims to reduce CO2 emissions by around 40% by 2030.
Hussain Al Nowais, Chairman of AMEA Power, said: “AMEA Power is proud to reach this milestone and to be supporting Djibouti in its energy transition journey. East Africa is an important market for AMEA Power, as it is a region with immense potential for the development of clean, reliable, and affordable energy.”
In Djibouti, only 60 percent of the population has access to electricity. There is a large disparity in access between urban and rural areas, with far more city dwellers connected to the grid than those in rural areas. Therefore, approximately 490,000 people in Djibouti do not have electricity.
The signing ceremony was held in Djibouti on August 27th, 2023. The PPA was signed by Mr. Djama Ali Guelleh, CEO of the national utility company, Electricité de Djibouti (EDD) and Mr. Hussain Al Nowais, Chairman of AMEA Power. The signing was witnessed by the Minister of Energy and Natural Resources, H.E. Yonis Ali Guedi.
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